by Jonathan Foster | Apr 23, 2020 | Blog, Jonathan F. Foster
In its capacity as a fiduciary for shareholders that oversees a company, a board of directors should be prepared to effectively oversee the response to an extraordinary circumstance or crisis that can potentially very negatively impact a business. Crisis management...
by Jonathan Foster | Mar 17, 2020 | Blog, Jonathan F. Foster
Governance is critical for companies of every size. The maturity of a company can impact the scope and detail of a board of directors’ responsibilities. A board should grow and evolve with a business. For smaller businesses, the board is often involved in specific...
by Jonathan Foster | Feb 7, 2020 | Blog, Jonathan F. Foster
Replacing or adding a board member is a time- and labor-intensive process that starts with determining the skills an organization needs. Hopefully, a board has an existing skills matrix that shows the attributes of the existing directors. From there, the board can...
by Jonathan Foster | Dec 19, 2019 | Blog, Jonathan F. Foster
Many occupations require licenses to prove competency, including accountants, investment professionals, physicians, private investigators and security guards. While licensees are not necessarily excellent at what they do, a license does guarantee that a licensee has...
by Jonathan Foster | Nov 8, 2019 | Blog, Jonathan F. Foster
Navigating Chief Executive Officer succession is critical to the success of a company, even one that has been established and successful for some time. One of the board of directors’ most important roles is naming, evaluating and compensating the CEO. While important...
